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Reply to "Another Liberal California city GOES bankrupt, another nail in the coffin for Socialism "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The problem is the tax structure in Ca. [b]The property tax does not reflect the current value of the property.[/b] Have family out there. Live in a house in Palo Alto. Houses in their neighborhood sell for 4-10 million. They paid property tax on like 235k. Also, Ca federal tax dollars return is low, like 78 cent on the dollar. These are the result of the conservatives- conservative socialism at it best. [/quote] This is because California voters, conservative and liberal alike, passed Prop 13 in 1978, which severely limits property taxes (and has other ramifications for taxation as well). [/quote]Yepper! Maybe it's ultimately the conservatives in California who are responsible for this problem![/quote]
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